A small band of determined protesters turned up at Lynas Corp’s AGM in Sydney to highlight to shareholders the risks involved in the project.
The Australian Mining website also featured news of the protest.
This was the open letter to Lynas shareholders handed out to Lynas shareholders on the spot yesterday.
There are many risks associated with the rare earth project in Malaysia which you have not been told. Lynas Corporation is not a typical mining company with fixed asset and a sound track record of practical experience in the mining sector. Nick Curtis is a merchant banker, not a miner. The company’s investment is only as flimsy as what his PR team have managed to spin, hoping that the truth on the ground will never surface because they are out of mind and therefore should be out of sight.
What are the risks associated with the Malaysian rare earth plant? (see the handout in .pdf format)